Contingent Economic Rents: Insidious Threats to Audit Independence

摘要: The primary purpose of this study is to examine how and why contingent economic rents can lead biased audit judgment via a cognitive processing phenomenon known as predecisional distortion information. secondary research objective develop more refined measure distortion, thereby yielding robust predictive metric. A total 73 partners representing four the Big Five CPA firms participated in two (low-balling: present or absent) by (non-audit revenue: between-subjects experiment. Research findings indicate that potentially impair independence, such heighten an initial desire maintain long-term relationship with client, trigger favorable client-related information, bias favor client. Study results also reveal metric than past measurement techniques. Between-subject within-subject debriefings suggest information operates, at least partially, subconscious level.